Business for Peace Forum Held in Karen State
Business for Peace Forum Held in Karen State
Karen News, 20 Sep 2017
URL: http://karennews.org/2017/09/business-for-peace-forum-held-in-karen-state.html/
Karen State is open for business and ready for investment to pave the way for development, participants at a recent “Business for Peace” forum heard.
The state’s Minister of Planning, Finance and Municipal Affairs U Than Naing said the state is now stable and brimming with business prospects that the government, in collaboration with ethnic armed organizations, is eager to capitalize on.
“When the ethnic armed organizations launched businesses in the past five years, we gave them business opportunities and they carried them out with foreign companies. Now, business persons from the ceasefire organizations have established companies with us and all the taxes will flow into the state without flowing overseas,” said U Than Naing.
He added that as new companies are established in the state, more job opportunities will be created for the local population. State officials have previously expressed concern over “brain drain” with a sizeable portion of the working aged population heading over the border for more lucrative and readily available jobs in Thailand.
The September 14 “Business for Peace” event, held in Hpa-an, attracted around 500 attendees, including members of the Kayin State government, the Pa-O National Liberation Organization, Karen armed organizations, non-governmental organizations and local administrators.
The state’s Minister of Planning, Finance and Municipal Affairs U Than Naing said the state is now stable and brimming with business prospects that the government, in collaboration with ethnic armed organizations, is eager to capitalize on.
“When the ethnic armed organizations launched businesses in the past five years, we gave them business opportunities and they carried them out with foreign companies. Now, business persons from the ceasefire organizations have established companies with us and all the taxes will flow into the state without flowing overseas,” said U Than Naing.
He added that as new companies are established in the state, more job opportunities will be created for the local population. State officials have previously expressed concern over “brain drain” with a sizeable portion of the working aged population heading over the border for more lucrative and readily available jobs in Thailand.
The September 14 “Business for Peace” event, held in Hpa-an, attracted around 500 attendees, including members of the Kayin State government, the Pa-O National Liberation Organization, Karen armed organizations, non-governmental organizations and local administrators.